Sulaiman Abbar stands out not only as a business leader but also as a professional boxer, illustrating a unique blend of corporate success and athletic prowess. In Jeddah, Saudi Arabia, he is a partner at Abbar & Sons Ltd. and a board member at Ghazi Abdullah Abbar Co. Ltd., while also making waves in the boxing ring with a streak of knockouts.
Abbar’s dual pursuits reflect Saudi Arabia’s Vision 2030, which encourages both personal and national growth. The Abbar family business, established in 1956, plays a key role in the Saudi economy, focusing on food distribution and other sectors. Their recent initiatives aim to boost local food production, aligning with national goals for economic diversification and sustainability.
Passion for Boxing
Inspired by historical movies, Abbar’s interest in boxing began in London. Training at the Fitzroy Lodge, he overcame stereotypes and honed his skills. Now dividing his time between the UAE and Saudi Arabia, he plans to open a boxing gym in Jeddah, offering a platform for local talent.
Under the guidance of Ahmed Seddiqi, a prominent promoter, Abbar has learned valuable lessons in perseverance and strategy. His involvement in major promotions like “Rising Stars Arabia” highlights his rising status in the boxing community.
A Hub for Boxing
Abbar aims to inspire others through boxing, intending to establish a world-class gym in Jeddah. This facility, the first of its kind owned by a Saudi professional boxer, seeks to elevate the sport locally and provide opportunities for aspiring fighters.
Balancing Business and Boxing
Abbar finds a connection between the disciplines of business and boxing, emphasizing teamwork and strategic planning in both fields. His experiences in the ring have enhanced his focus and organization in business, demonstrating the benefits of balancing diverse pursuits.
Family Business and Vision 2030
As part of the Abbar Group, Abbar is involved in projects that support Saudi Arabia’s food self-sufficiency, contributing to Vision 2030’s objectives. He manages a major industrial venture aimed at enhancing local food manufacturing, crucial for the nation’s long-term sustainability.
The Abbar family legacy is built on trust and innovation, adapting to market changes while maintaining core values. Abbar is committed to continuing this tradition, focusing on industrial food manufacturing and supporting Saudi Arabia’s transformation into a leader in food production.
Entrepreneurial Insights
Abbar advises entrepreneurs in Saudi Arabia to align with Vision 2030 and build strong local relationships. The evolving business environment offers opportunities, especially in sectors like technology and manufacturing. Success requires understanding the local culture and adapting strategies to fit the market’s needs.